Wednesday, 25 November 2015
Last updated 10 hours ago
Mar 17 2008 | 12:27pm ET
Hedge funds rebounded last month as the Credit Suisse/Tremont Hedge Fund Index gained 1.61% in February with most hedge funds strategies reporting positive performance.
Six out of 10 hedge fund sectors were in positive territory last month with global macro and managed futures funds leading the way gaining 4.11% and 6.61%, respectively.
On the downside, convertible arbitrage and dedicated short traders lost 1.29% and 0.89%, respectively.
“Although February showed marked improvement from January, global markets continued to fall amidst rising inflationary pressures and slowing economic growth,” said Oliver Schupp, president of Credit Suisse Index Co.
“The S&P 500 Total Return Index fell -3.25% compared to -6.00% for January, while the MSCI Emerging Markets Index returned 9.49% for February. Although the federal funds rate did not change, economic indicators suggested that continued turbulence in the market remains.”
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…